About Amazon Pay
Amazon Pay is a company based in Seattle (United States) founded in 2007. It operates as a B2C, and Marketplace. The company has 491 employees as of March 31, 2022. Amazon Pay offers products and services including Mobiles, Books, Electronics, and Grocery. Amazon Pay operates in a competitive market with competitors including Venmo, MoneyGram, Verse, NALA and Papara, among others.
- Headquarter Seattle, United States
- Employees 491 as on 31 Mar, 2022
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Sectors
RetailTelecommunications
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Phone
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Website
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Social
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- Legal Name Amazon Pay (India) Private Limited
- Date of Incorporation 04 Jul, 2011
- Jurisdiction Banglore, Karnataka, India
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Annual Revenue
$248.29 M (USD)16.01as on Mar 31, 2022
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Net Profit
$-210.6 M (USD)-14.83as on Mar 31, 2022
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EBITDA
$-216.48 M (USD)-14.3as on Mar 31, 2022
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Latest Funding Round
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Investors
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Employee Count
491
as on Mar 31, 2022
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Products & Services of Amazon Pay
Amazon Pay offers a comprehensive portfolio of products and services, including Mobiles, Books, Electronics, and Grocery. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for purchasing mobile phones and accessories
Online store for buying literature and educational materials
Service for acquiring devices like appliances and gadgets
Platform for ordering daily groceries and gourmet items
Funding Insights of Amazon Pay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Amazon Pay
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Amazon Pay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Amazon Pay Comparisons
Competitors of Amazon Pay
Amazon Pay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Venmo, MoneyGram, Verse, NALA and Papara, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Consumer payments are enabled via a mobile digital wallet app.
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| domain | founded_year | HQ Location |
Cross-border payments are enabled via wallet solutions for consumers.
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| domain | founded_year | HQ Location |
Digital wallet for consumer and business payments is provided.
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| domain | founded_year | HQ Location |
Cross-border remittances are enabled online for individuals worldwide.
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| domain | founded_year | HQ Location |
Money transfers and bill payments are enabled via mobile wallet.
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| domain | founded_year | HQ Location |
Direct-to-consumer ad-subsidised payments network
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Amazon Pay
Frequently Asked Questions about Amazon Pay
When was Amazon Pay founded?
Amazon Pay was founded in 2007.
Where is Amazon Pay located?
Amazon Pay is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
How many employees does Amazon Pay have?
As of Mar 31, 2022, the latest employee count at Amazon Pay is 491.
What is the annual revenue of Amazon Pay?
Annual revenue of Amazon Pay is $248.29M as on Mar 31, 2022.
What does Amazon Pay do?
Amazon operates as a global e-commerce platform, offering a wide variety of products including electronics, books, and groceries through its website and app. It facilitates online shopping with features like fast delivery and payment services, serving customers in locations such as India. The company focuses on retail transactions and digital services, emphasizing convenience and accessibility for consumers.
Who are the top competitors of Amazon Pay?
What products or services does Amazon Pay offer?
Amazon Pay offers Mobiles, Books, Electronics, and Grocery.